NBA free agent Malik Beasley under investigation regarding gambling allegations, AP source says

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"Malik Beasley Under Federal Investigation for Gambling Allegations"

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Malik Beasley, an NBA free agent, is currently under investigation by the U.S. District Attorney's office concerning allegations of gambling related to league games. This information was disclosed by a source familiar with the situation, who spoke on the condition of anonymity due to the sensitive nature of the investigation. The NBA has confirmed its cooperation with federal prosecutors, as stated by spokesman Mike Bass. Beasley's attorney, Steve Haney, emphasized that there have been no formal charges against his client at this stage and urged the public to reserve judgment until further developments occur. This situation mirrors previous incidents in the league, including the case of Jontay Porter, who was banned for his involvement in a prop bet investigation related to his performance in a game, as well as Terry Rozier, who faced scrutiny for unusual betting patterns without any charges resulting from the investigation.

Malik Beasley, who signed a one-year contract worth $6 million with the Detroit Pistons last year, had a standout season, setting a franchise record by making 319 three-pointers and helping lead the team to the playoffs for the first time since 2019. His performance was instrumental in breaking a 15-game postseason losing streak. Beasley averaged 16.3 points per game last season and has a career average of 11.7 points, with his highest scoring average of 19.6 points per game achieved during the 2020-21 season with the Minnesota Timberwolves. As Beasley approaches free agency, discussions about re-signing him to a multi-year contract with the Pistons could be impacted by the ongoing investigation. The scrutiny surrounding gambling allegations in the NBA raises concerns about the integrity of the game and the potential repercussions for players involved in such inquiries.

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NBA free agent Malik Beasley is under investigation by the U.S. District Attorney’s office regarding gambling allegations tied to league games, a person familiar with the situation told The Associated Press on Sunday.

The person spoke on condition of anonymity because they were not authorized to comment on the matter.

“We are cooperating with the federal prosecutors’ investigation,” NBA spokesman Mike Bass said in a statement released to the AP and other outlets on Sunday.

ESPN was the first to report on the investigation.

“There have been no charges against Malik,” Steve Haney, Beasley’s attorney, told the AP. “It’s just an investigation at this point. We hope people reserve judgement until he’s charged — or if he’s charged. It’s not uncommon for there to be a federal investigation.”

The probe into Beasley comes 14 months after the NBA banned Toronto’s Jontay Porter, who was linked to a prop bet investigation and eventually pleaded guilty to committing wire fraud.

This past season, The Wall Street Journal was first to report that Terry Rozier — then of the Charlotte Hornets — was under investigation for activity related to unusual betting patterns surrounding him in a March 2023 game.

Rozier, now of the Miami Heat, has not been charged with any crime, nor has he faced any sanction from the NBA.

Porter’s ban came after a similar investigation into his performance and “prop bets” — wagers where bettors can choose whether a player will reach a certain statistical standard or not during a game. The Porter investigation started once the league learned from “licensed sports betting operators and an organization that monitors legal betting markets” about unusual gambling patterns surrounding Porter’s performance in a game on March 20, 2024, against Sacramento.

The league determined that Porter gave a bettor information about his own health status prior that game and said that another individual — known to be an NBA bettor — placed an $80,000 bet that Porter would not hit the numbers set for him in parlays through an online sports book. That bet would have won $1.1 million.

Beasley signed last year with the Pistons, taking a one-year contract for $6 million in the hopes of cashing in this summer as a free agent. A second person, speaking to AP on condition of anonymity because no deal was announced, said Detroit was “very interested” in re-signing Beasley to a multi-year contract this summer. Those talks might be in jeopardy, given the uncertainty regarding the federal probe.

He made a single-season, franchise-record 319 3-pointers in the regular season. He helped Detroit make the playoffs for the first time since 2019 and end an NBA-record 15-game postseason losing streak in the first round against the New York Knicks.

Beasley averaged 16.3 points last season and has averaged 11.7 points over his career with Denver, Minnesota, Utah, the Los Angeles Lakers, Milwaukee and Detroit. He scored a career-high 19.6 points a game during the 2020-21 season with the Timberwolves.

The Atlanta native played at Florida State and the Nuggets drafted him No. 19 overall in 2016.

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Source: CNN